how to sell land Archives | EasyLandSell https://easylandsell.com/category/how-to-sell-land/ Wed, 02 Oct 2024 02:22:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 The Ultimate Guide to Selling Your Vacant Land in 2024 https://easylandsell.com/selling-land-guide/?utm_source=rss&utm_medium=rss&utm_campaign=selling-land-guide https://easylandsell.com/selling-land-guide/#respond Wed, 02 Oct 2024 02:22:03 +0000 https://easylandsell.com/?p=2501 Selling vacant land can be a different ballgame compared to selling a house. With the right strategies and preparation, you can maximize your property’s value and […]

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Selling vacant land can be a different ballgame compared to selling a house. With the right strategies and preparation, you can maximize your property’s value and attract potential buyers. This comprehensive guide will walk you through the essential steps to successfully sell your vacant land in 2024.

Understanding Your Land’s Potential

Before listing your property, it’s crucial to understand its potential uses and value. This knowledge will help you target the right buyers and set an appropriate price.

 Assess Zoning and Land Use Regulations

Research your property’s zoning classification and any restrictions that may apply. This information is vital for potential buyers, as it determines what they can do with the land[1]. Common zoning categories include:

– Residential
– Commercial
– Agricultural
– Industrial

Knowing your land’s zoning can help you target specific buyer groups, such as developers for commercially zoned land or farmers for agricultural plots.

Evaluate Natural Resources and Features

Take stock of your land’s natural attributes, which can significantly impact its value:

– Water sources (streams, ponds, wells)
– Timber or mineral rights
– Scenic views
– Wildlife habitats
– Soil quality

These features can be strong selling points for different types of buyers, from conservationists to developers[1].

Preparing Your Land for Sale

Just as you would stage a home, you should prepare your land to make the best possible impression on potential buyers.

 Clean and Maintain the Property

A well-maintained piece of land is more attractive to buyers:

– Clear debris and overgrown vegetation
– Mow grass or plant wildflowers for aesthetic appeal
– Ensure access roads are in good condition
– Remove any unwanted structures or equipment[5]

Conduct Surveys and Assessments

Professional surveys and assessments can provide valuable information to potential buyers:

– Property boundary survey
– Topographical survey
-Lot line boundaries

 Having these documents ready can expedite the sale process and instill confidence in buyers.

Creating an Attractive Land Listing

In today’s digital age, your online listing is often the first impression potential buyers will have of your property.

High-Quality Visuals

Invest in professional photography and videography to showcase your land:

– Aerial drone footage to give an overview of the property
– High-resolution photos highlighting key features
– 360-degree panoramic images
– Virtual tours, if applicable.

Compelling Description

Craft a detailed and engaging description of your property:

– Highlight unique features and potential uses
– Include specific details like acreage, zoning, and utilities
– Describe the surrounding area and nearby amenities
– Use descriptive language to help buyers envision the possibilities

Marketing Your Land Effectively

A comprehensive marketing strategy is essential for reaching potential buyers and showcasing your land’s value.

Leverage Online Land Listing Platforms

List your property on multiple online platforms to maximize exposure:

– Real estate websites specializing in land (e.g., LandWatch, LandAndFarm)
– General real estate platforms (e.g., Zillow, Realtor.com)
– Social media platforms (Facebook Marketplace, Instagram)

Utilize Social Media Marketing

Harness the power of social media to reach a wider audience:

– Create a dedicated Facebook page for your property
– Join and post in Facebook groups focused on land buying and selling
– Use targeted ads to reach potential buyers based on interests and location[1]

Traditional Marketing Methods for Selling Land

Don’t overlook traditional marketing techniques:

– Place “For Sale” signs on the property with key information
– Distribute flyers to local businesses and community centers
– Advertise in local newspapers or real estate publications

Targeting the Right Land Buyers

Understanding who your potential buyers are can help you tailor your marketing efforts and negotiations.

Identify Potential Land Buyer Types

Different types of land attract different buyers. Common buyer types include:

– Developers looking for residential or commercial projects
– Individuals seeking to build a custom home
– Farmers or ranchers expanding their operations
– Conservationists or nature enthusiasts
– Investors looking for long-term appreciation

Reach Out to Neighbors

Neighboring property owners may be interested in expanding their land:

– Obtain contact information from county records
– Send personalized letters or emails introducing your property
– Highlight the benefits of owning adjacent land

Providing Essential Information

Be prepared to answer potential buyers’ questions and provide crucial information about your property.

Create an Information Package

Compile a comprehensive information package including:

– Zoning details and allowed property uses
– Annual property taxes
– Utility information (availability and providers)
– Road access details
– Lot lines and property boundaries
– Soil reports and percolation test results (if applicable)
– Historical data on the property

Having this information readily available can help buyers make informed decisions quickly and demonstrate your preparedness as a seller.

Pricing Your Land Competitively

Setting the right price is crucial for attracting buyers and ensuring a timely sale.

 Research Comparable Sales

Look at recent sales of similar properties in your area to get an idea of market value. Consider factors such as:

– Location
– Size
– Zoning
– Accessibility
– Available utilities

Consider Getting a Professional Appraisal

A professional land appraiser can provide an accurate valuation based on current market conditions and your property’s unique features.

 Closing the Deal

Once you’ve attracted potential buyers, you’ll need to navigate the sale process effectively.

Be Prepared for Due Diligence

Buyers will likely want to conduct their own due diligence. Be prepared to provide:

– Title information
– Tax records
– Utility information
– Any known easements or restrictions

Understand Financing Challenges

Financing for vacant land can be more challenging than for developed properties. Be prepared to:

-Work with buyers who may need more time to secure financing
-Consider owner financing options to attract more buyers
– Be flexible with contingencies related to financing

Conclusion

Selling vacant land requires a different approach than selling developed property, but with careful preparation, effective marketing, and a clear understanding of your land’s value and potential, you can successfully navigate the process. By following this guide, you’ll be well-equipped to attract the right buyers and maximize the value of your land investment in 2024.

Remember, patience is often key in land sales. While homes might sell quickly in hot markets, land sales can take longer. Stay persistent, be flexible, and don’t hesitate to adjust your strategy if needed. With the right approach, you’ll find the perfect buyer for your vacant land.

 

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Preparing Your Land For Sale – Tips For Selling Land https://easylandsell.com/sell-land-tips-tricks/?utm_source=rss&utm_medium=rss&utm_campaign=sell-land-tips-tricks https://easylandsell.com/sell-land-tips-tricks/#respond Tue, 21 Feb 2023 18:54:40 +0000 https://easylandsell.com/?p=2202 Selling land can be a complicated and time-consuming process. Therefore, it’s essential to research and consult with experts to ensure you are getting the most out […]

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Tips for Selling Land

Selling land can be a complicated and time-consuming process. Therefore, it’s essential to research and consult with experts to ensure you are getting the most out of your sale. In this article, we will give you a few tips and tricks on how to prepare your land for sale.

The first step is to research the local real estate market. You’ll need to know what comparable properties are selling for so you can price your land accordingly. The next step is to assess your property. This involves evaluating the condition of the land, any improvements that need to be made, and any zoning restrictions that might apply. Once you have a clear idea of the value of your land, you can start to make necessary improvements and stage your land to attract buyers.

With the right preparation, you can maximize the value of your land sale. Read on to learn more about preparing your land for sale and why doing so can help you get the best possible price.

Research the Local Real Estate Market

It’s essential to do your research before selling your land. Start by researching the local real estate market so you know what other properties are selling for. The easiest way to do this is through online research. Simply type in the address of the land you are selling and filter the results to see the average sales price that other properties have sold for nearby.

Market trends are also important to understand when selling land. For example, you may have difficulty selling your land if buyers have stopped looking for a property because of higher interest rates and a bleak economic outlook.

Using these research techniques, you should get a general idea of your land’s value and price it accordingly.

Assess Your Property

What makes your land stand apart from similar properties? Does it have a scenic view? Is it close to nearby attractions? Are there zoning restrictions that may affect your property? You’ll want to ensure your land complies with local ordinances and regulations before you start the marketing process.

But what are some things you should take into consideration? First, when assessing your land, it’s important to look at the property’s condition, the improvements needed, and any zoning restrictions or regulations that may apply. These factors will help you determine the value of your property. Additionally, if there are any liens or other legal issues, you may want to consult a lawyer before proceeding with the sale.

Make Necessary Improvements

When looking at additional ways to prepare your land for sale, it’s always a good idea to look at ways to make improvements. If you’re unsure about what improvements to make and have a limited budget, you should first make sure the property is cleaned up and free of debris and downed trees. If your land has fences and gates, make sure they are in good working order, and any roads on your property should be in good shape and free of too many potholes and washed-out areas.

If you live in a hot real estate market, then the improvements you make can increase the market price of your property. For example, if potential buyers are looking for larger land lots with driveways and utilities already on site, providing these improvements can move your listing to the top of the list and increase its selling price. While adding certain improvements can be expensive, the return on investment in a hot market should be far greater than the initial cost.

Stage Your Land

You’ll want your land to look the best it can be, so if it looks better in the spring because of blooming flowers and leaves on the trees, that’s the best time of year to list it. Ensure that the grass is mowed, or if it’s agricultural land, the fields are bush hogged, and the fence rows are cleared of brush and other debris.

If the land was used for timber harvesting, replanting trees is another way for buyers to see the potential in your land. It’s important to create an inviting and well-maintained space that buyers can see themselves owning. Plus, if you have any special features on your property, like a pond or scenic view, highlight these points of interest with a bench or something similar so buyers can stop and enjoy the views.

Hire a Real Estate Agent

To ensure maximum exposure for your land listing, hiring a reputable real estate agent specializing in land sales is a good idea. They will have the experience and contacts necessary to help you find interested buyers. Preparing your land for sale requires research, assessment, and marketing. Having the right information before you start the process can save you both time and money and maximize the value of your land sale.

Do your research, consider all factors, and use a professional to ensure you get the most out of your sale. Then, with careful preparation, you can make the most of your sale and get the price you want.

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10 Ways to Market Land in 2021 https://easylandsell.com/10-ways-to-market-land-in-2021/?utm_source=rss&utm_medium=rss&utm_campaign=10-ways-to-market-land-in-2021 https://easylandsell.com/10-ways-to-market-land-in-2021/#respond Wed, 24 Feb 2021 11:56:11 +0000 https://easylandsell.com/?p=1440 Selling Land in 2021  This past year has turned everything considered normal upside down, it’s not surprising that the real estate market is as volatile as […]

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Selling Land in 2021 

Ways to Sell Land in 2021

This past year has turned everything considered normal upside down, it’s not surprising that the real estate market is as volatile as ever. Even under normal circumstances, whether you are buying or selling, finding potential clients ready, willing, and able to sit down at the closing table remains a tough sell.

In this guide, we’re going to show you 10 ways to market your land in 2020 to get past the distractions and attract buyers ready to make a deal.

Let’s get started!

  1. It All Starts With a Good Land Listing

Anyone can write a real estate listing. But to make your land listing stand out in the crowd, you’ll need to create content that’s unique and highlights the best features of the property. Does it have a great view? Are utilities close by? Is it in a rural setting? Any major attractions in the area? What do the locals say?

Whatever is unique about your land is what you want to feature in your listing.

  1. Check Out The Competition

Has your listing gone stale after an initial flurry of interest? If so, maybe you should out what the competition is doing. If you’re selling your land without the benefit of using a real estate professional, a simple online search can reveal recently sold properties in your area.

You can also check out the websites of top companies and agents in your area. Running ads is expensive so the more you are seeing their ads, the more success they likely have.

  1. Leverage Your Social Media Accounts 

If you’re not utilizing social media when trying to market your land in 2020, you might be missing out on a sure thing. A recent news report revealed that more folks than ever receive their news via social media platforms such as Facebook, Instagram, and Twitter.

  1. Purchase Social Ads

Sponsored content on social media…i.e…Facebook ads use the network’s algorithms to reach targeted buyers based on their online searches. Ever do an online search and wonder why any site you surf to will bring up similar ad content for several weeks?

  1. Hire A Professional Photographer

If snapping pics isn’t your forte, then hiring a professional photographer might be what sets your listing apart from the crowd. Bad lighting might make your distant lake view look like a shimmering city or desert view, confusing many potential buyers.

  1. Create A Virtual Tour

If your land listing is off the beaten path, consider creating a virtual tour of the land whether you’re doing the photos yourself or asking your photographer to create one for you. More than ever, people watch video content to get their news, watch cat videos, and so much more.

  1. Take To The Skies

While the idea of using a drone to create an aerial view of our land listing might not be a chore you’re ready to tackle, there is probably someone in your area who will. Furthermore, many professional photographers use drones, and if they don’t, they should be able to provide a referral.

Aerial views are especially helpful for relatively flat land, so buyers can get a clear picture of how the land lies.

  1. Make Your Land Listings 

With smartphones being utilized more and more, it makes sense to ensure your site is mobile-friendly. If web design is challenging for you, consider having a professional update your site, or if funds are an issue, online research can provide answers to many common programming questions.

  1. Take Out A Newspaper Ad

Although the Internet has taken over many of the ways we do things, newspapers continue to be a valuable resource for buyers and sellers. Most newspapers have an online presence, in addition to print, and the online version can potentially reach an unlimited supply of interested and motivated buyers.

  1. Keep In Touch With Past Buyers

Building relationships with customers is often the difference that keeps businesses open. Whether it’s a grocery store or a car dealership, customers remember how they were treated. It goes the same with your network of friends–being courteous and friendly go a long way during such turbulent times.

Reach out to your network of friends. They might not be in the market to purchase land, but there’s always a chance they know of someone searching for their dream property.

 

 

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Ways to Market Land Online for Free https://easylandsell.com/ways-to-market-land-online-for-free/?utm_source=rss&utm_medium=rss&utm_campaign=ways-to-market-land-online-for-free https://easylandsell.com/ways-to-market-land-online-for-free/#respond Mon, 20 Jul 2020 19:47:38 +0000 https://easylandsell.com/?p=1213 Selling land is supposed to make you money, but it can become a rather expensive venture, depending on the methods you’re using. Paying fees for auction […]

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Ways to Sell Land for Free

Selling land is supposed to make you money, but it can become a rather expensive venture, depending on the methods you’re using. Paying fees for auction listings, hiring real estate professionals, taking out advertising, and listing land on real estate sales websites can result in a significant cut out of your profits.

There are a few techniques to market land for sale online, though, that are free of charge. It might be worth giving these methods a try.

Sell Land Using Social Media

Using social media is one of the most obvious ways of getting the word out about your land property.

Most people are already on social media of some type, especially Twitter and Facebook, both of which can be used to promote the land you’re trying to sell. There are many other social media sites, of course, but let’s look at these two since they’re among the most popular.

It never hurts to mention you land your selling to your Facebook friends. Sure, those people may mostly consist of close friends and family, but you never know who might want what you’re selling. It could be someone you’re already friends with or a friend or a friend who stumbles across your post.

Naturally, describing the property to social media contacts would be handled in a far more casual and friendly way than a regular ad.

You could post something like, “Hey, by the way, I’m selling my land property by the lake, if anyone’s interested.” If you get a response, then follow up with more detailed descriptions of the land for sale.

Posting on Twitter can be a bit more tricky due to the word limit. Still, it can be done via a single post or thread. Don’t forget to attach a photo. Use hashtags — like #RealEstate, #VacantLot — or a US state postal code before the word “property” or “land.” For instance, use something like #TXProperty or #WYLand (Texas property, Wyoming land) to attract people seeking land in those states.

Tell the Whole Family

Many families use a group email list to stay in touch. You can use that list to mention the land you’re selling. Perhaps your immediate family knows you’re selling the farm, but what about Cousin Bill, who lives in a neighboring state and is looking for a farm?

It’s good to stay in touch, right? Email your relatives.

Get in touch, share some memories, check up on your older relatives, and far later, in the conversation, casually mention your land for sale. This can also work for telephone calls with relatives who aren’t online.

Don’t be a pest about your sales, though, especially with your friends and family. Never clobber anyone over the head with a sales pitch.

Join a Real Estate Club

 Speaking of email groups, most people also receive online newsletters or group emails from their clubs, lodges, hobbies, temples, churches, charitable groups, and other social ties. After all, it’s not just families staying in touch via group emails these days, but soccer clubs, fraternities, quilting groups, and everyone else on the planet.

Again, you could mention your land property briefly in reply to a group email, or post a notice about it on a group newsletter. The advantage of club newsletters is that some of them are both posted on websites and distributed via email, so you get double exposure.

Do ask the manager of your group’s newsletter first if you can mention the land you’re selling. Some may try to sell you an ad, but they might also pleasantly surprise you by running a notice about it for free.

Fact: People like doing business with those they already know and trust. If you’re a member of a group, then you’ve already got an inside advantage.

Free Quote? Yes, Please!

If you’re hoping to sell your land in the quickest, easiest way possible, there are online land buyers who can give you a fast, free quote. They’ll tell you, for free, what they’re willing to pay for your property.

This, in itself, is far easier than trying to auction your land or listing it with a real estate broker.

And it gets better.

Some of these sites will also handle all the fees, so you’re not stuck with any closing costs or hassles. It’s easy enough: Get the quote, accept or reject it, and move on–all at no cost to you as a seller.

Sell Land on Craigslist

 Craigslist is an oldie, but a goodie. The site processes an astonishing number of real estate ads, including ones taken out for free. This includes ads for land for sale by owners (FSBO).

Make your listing as detailed as possible, and use plenty of photos. Be prepared to answer questions from potential buyers, including those who may try to haggle with you over the price. If your asking price is non-negotiable, state that upfront.

Be clear about who’s paying fees. Any time land changes hands, there are document and transfer fees associated. You don’t want any unpleasant surprises at the closing of the deal, so make it clear who will be paying the closing costs. List the amount of the fees involved, and have a very clear notice about the buyer paying those fees.

There are several ways to get out the word about your land sales. Fortunately, some are free. So, do talk to your family, neighbors, and fellow club members. Conduct online searches for free bulletin boards, classified ads, and more. You can also get free offers for your land online. With a little effort, you might be able to get your land buyer to come to you without having to pay a dime.

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Selling Vacant Lots https://easylandsell.com/selling-vacant-lots/?utm_source=rss&utm_medium=rss&utm_campaign=selling-vacant-lots https://easylandsell.com/selling-vacant-lots/#respond Tue, 28 May 2019 20:00:16 +0000 https://easylandsell.com/?p=959 Sell Your Vacant Lots Do you have a vacant lot you want to sell? Then you might be able to get yourself some easy cash. Selling […]

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Sell Your Vacant Lots

Sell land, Sell vacant land, need to sell land, want to sell land, how to sell land, Sell land online

Do you have a vacant lot you want to sell? Then you might be able to get yourself some easy cash. Selling vacant lots is easier than ever before, thanks to the presence of companies and individual investors who are ready to buy your land.

Vacant Land…..Sort of 

Some vacant lots are truly vacant. In other words, there are no buildings or other structures there. That’s great for you because you don’t have to absorb the cost of maintaining any buildings that might be on the property.

However, some buyers purchase “vacant” lots sight unseen, only to find out that they actually have abandoned structures on them, such as dilapidated homes, old storage sheds, mobile homes, barns and so forth.

In some cases, the old structures have become a public eyesore, and can even incur fines for city code violations. If you keep the land, you may be eventually forced to demolish these structures, which is costly. If these old buildings are presenting a major problem for you, it’s time to sell.

Even if you have a completely vacant lot, in terms of the property being free of any buildings, there are times when it’s best to just let it go. If you’re not doing anything with it, then consider putting it up for sale. Someone else could use the land, and you could use the cash.

Who wants to own a Vacant Lot anyway?? 

You may be thinking that nobody wants your vacant lot, especially if it’s in an urban area. Who wants a small, vacant lot jammed up against several different businesses in a big city?

The businesses next door might, maybe the inventor of commercial properties in the area is low, of it’s become cheaper to develop a new property then buy what’s currently on the market.

The same is true of residential properties. Do you own a vacant lot between two houses? Then try selling it to the owners of either house before putting it on the market. You might have an easy sale on your hands.

Rural lots can be sold to neighboring landowners, urban families wanting to escape the city, farmers and plenty of others.

And then there are online investors who are willing to buy vacant lots, and some of them make the process even simpler by absorbing the legal fees. When you sell this way, it’s easier on you, because you don’t have to market the land yourself or file legal documents. You just fill out an online form and receive an offer on your property, a process that could take years in some cases if the property is listed in a slow market.

Selling Your Vacant Lot

Vacant lots are attractive to buyers because once you own one, you can put anything there that local laws will permit. They can be great spots for farmland, commercial enterprises, housing, storage, recreation and more.

But there’s a time to let things go, and that includes your property. If a lot has been in your possession for decades, but nothing has ever been done with it, then it’s probably time to turn it over to someone else who will make good use of it.

Vacant lots are appealing to the imaginative buyer because they have so many possibilities. Some investors even specialize in vacant lots because it is a niche sector of real estate that can be profitable for those who have the experience needed and want to put in the extra work needed to buy and sell land.

Keep it Simple

The simplest way to sell land, especially a small lot, is to find a land purchasing company online. Be sure to find one that will handle the deed filing for you. This is the easiest way to make a quick sale, although you can also sell properties at online auctions, live auctions, through classified ads, or face-to-face.

If your lot has an old structure on it, just be sure to mention that when you’re trying to sell it. Whether it’s a caved-in trailer or a demolished doghouse, just be upfront about what’s really on the land.

If there are no buildings present, all the better since there’s nothing for either you or the buyer to raze or rebuild. The property is a blank slate, ready for whatever developments the owner has in mind.

That’s why vacant lots may be appealing to the right type of buyer. 

If you own vacant lot property that you don’t currently have any use for, put it up for sale, and see how quickly you can convert it into cash.

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Tips For Selling Land Property Out of State https://easylandsell.com/tips-for-selling-land-out-of-state/?utm_source=rss&utm_medium=rss&utm_campaign=tips-for-selling-land-out-of-state https://easylandsell.com/tips-for-selling-land-out-of-state/#respond Tue, 09 Apr 2019 20:20:51 +0000 https://easylandsell.com/?p=925 Do You Have Land You’d Like to Sell Out of State? Your quest for finding a buyer for your land property doesn’t have to stop at […]

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Do You Have Land You’d Like to Sell Out of State?

Sell Land Out of State

Your quest for finding a buyer for your land property doesn’t have to stop at the state line. If you’re living in one state, and want to sell land in another state, here are some tips to sell land out of state.

Selling Land Property in Nearby States

What other states border yours? If you’re going to make a sales pitch for your land property, consider branching out to neighboring states.

Travel between states is quite common, especially for those who live near state lines. Chances are good that buyers in these states will have at least a passing knowledge of the region where your property is located. No, they don’t live in your state, but it’s hardly foreign territory to them, either.

When people begin searching for new jobs, they often apply in nearby states. Everybody needs a fresh start and a change of scenery sometimes. That’s good news for you, and for your property. If these people get hired, they’ve got to live somewhere, right? Why not on your land?

If your property is vacant or undeveloped, don’t be too hasty to write it off. It doesn’t matter if it’s rural or in a densely populated city. Some urban dwellers want to escape big cities, while others want to move to the city. You can make a sale either way.

Finding an Out-of-state Land  Buyer 

It’s not hard to find people or companies willing to purchase your out-of-state land property. There are even land buyer companies that will take care of all the legal details, so you don’t have to.

If you want to sell to individuals, or perhaps to a small land firm, you can find plenty of those online, too. There’s a ready-made audience for land, including land investors who scour classified ads daily, both in newspapers and online, in search of properties to add to their portfolios.

There are many online auction venues for land, of which eBay is the most widely known. There are also sites specializing in various types of land, such as vacant lots, farmland and even islands. A simple search will turn up land sites galore.

List Your Land Property in Neighboring States and Other Areas

You can list on sites like Craigslist, which doesn’t charge selling fees. Try listing your out-of-state land property in neighboring states. If that doesn’t work, then spread out to other areas. Be patient.

You might not get a response right away, but keep the listing active, and relist from time to time, so your land goes back to the top of the page.

Cities offer a larger pool of potential buyers, so advertise your land in the biggest nearby city. If you don’t get a response from anyone there after a few weeks, list in another city or another state.

Keep those property listings rolling.

 

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